Archer Aviation Sets Production Goal of 2,000 Aircraft Annually

The ambitious timeline for eVTOL development is based on certification in 2024.

Jonathan Welsh

Thursday, October 27, 2022 at 06:22 PM ET

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Key Takeaways:

Archer Aviation plans to produce approximately 250 eVTOL aircraft in 2025, scaling to 2,000 annually, contingent on its Midnight model receiving certification in 2024.
The company is actively building manufacturing infrastructure and securing suppliers for the Midnight aircraft, designed for urban air-taxi services with a pilot and four passengers.
Archer's ambitious 2024 certification goal faces challenges, as the FAA is still developing regulatory frameworks for eVTOLs, and the broader industry requires significant infrastructure development and battery improvements.

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Archer Aviation Inc. said it plans to produce about 250 eVTOL aircraft in 2025 and gradually increase production to about 2,000 vehicles annually. The timeline is contingent upon the company’s planned production model, known as Midnight, gaining certification, which Archer says it expects in 2024.

The California start-up, which currently is not geared up for mass manufacturing, has also set a lofty plan to build 500 aircraft in 2026 and 650 in 2027 on its way to full production.